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Notwithstanding the revenue increase the Nigerian Customs Service, NCS, said it has achieved with the on-going partial border closure, exporters are counting their losses as countries within the Economic Community of West African States, ECOWAS, sub-region have started rejecting Nigerian cargoes, apparently, as a form of retaliation against the land border closure.

Border closure: ECOWAS countries reject Nigerian goods

Notwithstanding the revenue increase the Nigerian Customs Service, NCS, said it has achieved with the on-going partial border closure, exporters are counting their losses as countries within the Economic Community of West African States, ECOWAS, sub-region have started rejecting Nigerian cargoes, apparently, as a form of retaliation against the land border closure.

Border closure: Cassava gaining more industrial relevance – association

Nigeria’s closure of its land borders will increase industrial use of cassava and other local agricultural produce, the National Cassava Processors and Marketers Association (NCAPMA) has said.
Nigerian Stock Exchange NSE

NSE: All-Share Index drops to 26,000 mark again

The Nigerian Stock Exchange (NSE) All-Share Index on Friday lost 98.45 points or 0.36 per cent to close lower at 26,987.45 mark.

World Bank: Neglect of agriculture cost Nigeria $10 billion annually

The World Bank’s Senior Agriculture Economist, Adetunji Oredipe, says Nigeria’s neglect of the agricultural sector has cost the country about $10 billion annually.
Nigerian Stock Exchange NSE

Pressure on equities as investors lose N200 billion

Sustained sell-offs in highly capitalised stocks trading on the floor of the Nigerian Stock Exchange (NSE) was the theme this week as investors lost a total of N200 billion Week-on-Week.
Nigerian Stock Exchange NSE

NSE maintains positive posture on low price attraction, quarter end activities

Trading activities on the Nigerian Stock Exchange (NSE) closed northward on Friday, amid quarter end window dressing and low price attraction.
Nigerian Stock Exchange NSE

Profit taking: NSE market indices decline by 0.17 percent

The crucial market indices of the Nigerian Stock Exchange (NSE) dropped by 0.17 per cent on Thursday after the work-free day to mark the May 29 inauguration date.

MTN Nigeria records first loss after listing, amid profit taking

MTN Nigeria Communications on Friday recorded its first price loss on the Nigerian Stock Exchange after listing on May 16.
Nigerian Stock Exchange NSE

All-Share Index drops marginally by 0.01% in cautious trading

Trading resumed on the nation’s bourse on Tuesday still on a negative trend, declining marginally by 0.01 per cent in a cautious trading.
Okechukwu Enelamah

Federal government kicks off road for tax refund projects

The Federal Government has flagged-off its roads for tax-refund initiative with Dangote Construction handling a 16-kilometre Ofeme Community road network in Ohuhu in Umuahia North local Government, Abia State.
Nigerian Stock Exchange NSE

Nigerian bourse records 0.26 per cent growth on first trading day in February

Activities on the nation’s bourse opened for the month of February on Friday with a growth of 0.26 per cent, halting four consecutive days’ bearish run.
Nigerian Stock Exchange NSE

NSE sustains positive outlook, indices up 1.41 parcent

Trading activities on the Nigerian Stock Exchange (NSE) remained positive on Friday, with Total Oil leading the gainers’ table for the day.
Nigeria Stock Exchange

NSE market indices loses 2.37 per cent on Nestle, Dangote Cement

Activities on the Nigerian Stock Exchange (NSE) returned to negative territory on Wednesday, after appreciating for two consecutive days.
Nigeria Stock Exchange

NSE market capitalisation returns to N12 trillion mark

Activities resumed for the week at the Nigerian Stock Exchange (NSE) on a positive trend, with market capitalisation returning to N12 trillion amid improved third quarter results.
Nigeria Stock Exchange

NSE: Market capitalisation rebounds by N113 billion

Transactions rebounded on the Nigerian Stock Exchange (NSE) on Tuesday following gains posted by some highly capitalised equities.
Nigeria Stock Exchange

NSE market indicators drop marginally by 0.08 percent

The Market indices of the Nigerian Stock Exchange (NSE) dropped marginally on Tuesday by 0.08 per cent, reversing the previous day’s gain.
Nigeria Stock Exchange

NSE reopens on downward note, capitalisation dips by N32 billion

Equity transactions on the Nigerian Stock Exchange resumed for the week on Monday on a negative note as major blue chips continue to drop price.
Nigeria Stock Exchange

Trading on NSE closes on positive note, market indices up 0.95%

Trading on the Nigerian Stock Exchange (NSE) closed for the week on Friday on a positive note with Nigerian Breweries leading the price gainers.

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